Saturday, April 10, 2021
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Market roundup: Sensex, Nifty end in red for third day as financials drag; here are top five losers, gainers

Jaleel M. by Jaleel M.
March 16, 2021
in Business
0
Market roundup: Sensex, Nifty end in red for third day as financials drag; here are top five losers, gainers
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter


The 30-share BSE Sensex ended 31.12 points or 0.06 percent lower at 50,363.96 while the broader NSE Nifty slipped 19.05 points or 0.13 percent to close at 14,910.45

Related posts

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

April 9, 2021
Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

April 8, 2021

Market roundup: Sensex, Nifty end in red for third day as financials drag; here are top five losers, gainers

Representational image. News18

Both Sensex and Nifty ended in the red for the third consecutive day on Tuesday, tracking losses in financial stocks despite a firm trend in global markets.

The 30-share BSE Sensex ended 31.12 points or 0.06 percent lower at 50,363.96. The broader NSE Nifty slipped 19.05 points or 0.13 percent to close at 14,910.45.

The top gainers for the day included Asian Paints, Dr Reddy’s Labs, HCL Technologies, HUL and TCS. Cipla, Tata Steel, ICICI Bank, BPCL and L&T were among major losers on Tuesday.

Nifty 50

In the broader Nifty, Asian Paints, Dr Reddy’s, HUL, HCL Tech, TCS and UltraTech Cement were among the gainers, spurting up to 4.87 percent. Here are the top five gainers and losers in the 50-share index.

Top 5 gainers:

  • Asian Paints: The shares witnessed a gain of 4.70 percent and closed at Rs 2,468.60.
  • Dr Reddy’s: Shares of the company rose by 2.58 percent to end at Rs. 4,449.70
  • Hindustan Unilever Limited: The company saw a rise of 1.59 percent in its shares and ended at Rs 2,244.05
  • HCL Technologies Limited: It closed at Rs 1,008.05 with a rise of 1.58 percent in its shares.
  • ITC LIMITED: The company closed at Rs 208.35 after witnessing a gain of 1.41 percent.

Top five losers:

  • CIPLA Limited: The shares fell at 1.57 per cent to end at Rs 792.85.
  • Tata Steel: The company closed at Rs 725.00 after witnessing a fall of 1.55 percent in shares.
  • ICICI Bank: The lender ended the day at Rs 594.60, after witnessing a fall of 1.47 percentage in shares.
  • State Bank Of India: The shares fell at 1.30 percent to end at Rs 378.90.
  • Bharat Petroleum Corporation Limited: The company closed at Rs 455.00 with a 1.21 percent fall in shares.

BSE Sensex

L&T was the top loser in the Sensex pack, shedding 1.56 percent, followed by ICIC Bank, SBI, HDFC Bank, HDFC, Axis Bank, Kotak Bank and Bajaj Finserv. BSE bankex, finance, metal, realty and capital goods indices fell up to 1.03 percent, while IT, teck, telecom and FMCG ended on a positive note. Broader BSE midcap and smallcap indices rose up to 0.40 percent.

Here are the top five gainers and losers in the BSE Sensex:

Top five gainers:

  • Asian Paints: The company saw a rise of 4. 87 percent in its shares and ended at Rs 2,470.80.
  • Dr Reddy’s Laboratories Limited: The pharmaceutical giant share rose 2.44 percent and closed at Rs 4,448.85.
  • Hindustan Unilever Limited: The subsidiary of Unilever saw a 1.48 percent rise in shares and closed at Rs 2,243.80.
  • HCL Technologies Limited: It closed at Rs 1006.50 with a rise of 1.65 percent in its shares.

Tata Consultancy Services: Shares of TCS jumped 1.38 percent to end the day at Rs 3,108.70

Top five losers:

  • Larsen & Toubro Ltd: The Construction engineering company closed the day at Rs1,461.00 with a fall of 1.56 percent in shares.
  • ICICI Bank: The lender saw a fall of 1.38 percent in shares to close the day at Rs 594.90.
  • State Bank of India: The shares fell by1.37 per cent to close at Rs 378.45.
  • HDFC Bank Ltd: The lender saw a 1.07 percent fall in shares, causing it to close at Rs1512.80.
  • Housing Development Finance Corporation Ltd: The day ended at Rs 2,510.75, with a fall of 0.96 percent in shares.

Domestic equities gave up initial gains and traded flat towards the final hours of the day despite favourable cues from global equities, said Binod Modi – Head Strategy at Reliance Securities.

“Financials once again dragged the markets. Notably, IT stocks were in focus today mainly on expectations of sustained earnings momentum in 4QFY21E and benefits from a possible fall in INR.

“In our view, increasing concerns with regards to the resurgence of COVID-19 cases in various parts of the country and resulted restrictions could be a near term risk for domestic markets. Additionally, volatile bond markets and soaring inflation will continue to weigh on investors’ sentiments,” he added.

World stocks were in the positive terrain ahead of the meeting of the US Federal Reserve and other central banks, with investors wagering on a continuation of dovish policy measures. In the rest of Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended in the green.

Stock exchanges in Europe were also trading with gains in mid-session deals. Meanwhile, the global oil benchmark Brent crude was trading 1.61 percent lower at $67.77 per barrel. The rupee pared its initial gains and depreciated 9 paise to settle at 72.55 against the US dollar. Foreign institutional investors were net sellers in the capital markets as they offloaded shares worth Rs 1,101.35 crore on Monday, according to exchange data.

With inputs from PTI

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply



Source link

Previous Post

Union Cabinet approves bill to set up Development Finance Institution with Rs 20,000 cr initial capital

Next Post

Google gets into sleep surveillance with new Nest Hub screen

Next Post
Google gets into sleep surveillance with new Nest Hub screen

Google gets into sleep surveillance with new Nest Hub screen

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Bundesliga Champions Bayern Munich Rout Wolfsburg, Borussia Dortmund Crash Against Hoffenheim

Bundesliga Champions Bayern Munich Rout Wolfsburg, Borussia Dortmund Crash Against Hoffenheim

10 months ago
WADA Extends Suspension Of India’s National Dope Testing Lab By 6 Months

WADA Extends Suspension Of India’s National Dope Testing Lab By 6 Months

9 months ago
International R&B / Hip-Hop Artist Matt B Releases New Single “I Spoiled You”

International R&B / Hip-Hop Artist Matt B Releases New Single “I Spoiled You”

8 months ago
Jordin Sparks’ Dad Recalling Their “Daddy-Daughter Dates” Is Guaranteed to Melt Your Heart

Jordin Sparks’ Dad Recalling Their “Daddy-Daughter Dates” Is Guaranteed to Melt Your Heart

10 months ago

FOLLOW US

  • 85 Followers
  • 29.5k Followers
  • 113k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • KRISTIN LASH & JAKOB GREY Team Up On “Sleeping With The Lights On”

    0 shares
    Share 0 Tweet 0
  • SEVENTEEN REVEALS PROMOTION SCHEDULE FOR ; SEMICOLON

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy